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they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >> we knew that those with ties to al qaeda were involved in the attack on the embassy issue and clearly the information given to the american people was wrong. and in fact ambassador rice said today it was wrong. >> we are significantly troubled by the answers we got and we didn't get, certainly overwhelming evidence. >> he is a member of the senate foreign relations committee which would consider the confirmation of ambassador susan rice if the president were to nominate ambassador rice t
they believe there will be a short recession and at the end of the recession the economy will go sky high and people well railize that big government is good soup. they believe that use, you have a is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic,...
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Dec 1, 2012
12/12
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>> i mean, this is the new economy, right? back in the day, factory jobss weren't good jobs, either. they were also low-paying jobs. the reason they became the middle class jobs we know because people organized. >> sarah, what's the next move in this movement? is it a movement? >> oh, it's a movement. they are not giving up. they're going to keep working. i spoke to jonathan weston for new york community for change before coming here. and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprisal. >> the next phase you're hoping for is what? >> i'm hoping for more strikes, ed. >> you're hoping for more strikes? >> yeah. >> do you think the 99% movement had anything to do with this? >> i think it crystalized something that was already going on in this country that people knew about where the wealth was going, right? they knew over the last 30 years we've seen it go to people at the top, the people at the bottom are getting squeezed. their productivity has
>> i mean, this is the new economy, right? back in the day, factory jobss weren't good jobs, either. they were also low-paying jobs. the reason they became the middle class jobs we know because people organized. >> sarah, what's the next move in this movement? is it a movement? >> oh, it's a movement. they are not giving up. they're going to keep working. i spoke to jonathan weston for new york community for change before coming here. and they are hoping that more workers got...
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the fluctuation certainly correlates with what the economy is doing. neil: mocks my, baby, i'm afraid the economy is going to taint ♪ neil: we paid a lot for that. and you have to think about this. sieging dollars from bills to points, that's what congress wants to do to save cash, what are followers are having some better ideas to really cut our debt. work on something that will save money, not spend more on ridiculous -- ridiculous projects. stop all stimulus funds that do not help create private sector jobs are make companies more competitive globally. in foreign aid until we have money to spend, if that ever happens again.
the fluctuation certainly correlates with what the economy is doing. neil: mocks my, baby, i'm afraid the economy is going to taint ♪ neil: we paid a lot for that. and you have to think about this. sieging dollars from bills to points, that's what congress wants to do to save cash, what are followers are having some better ideas to really cut our debt. work on something that will save money, not spend more on ridiculous -- ridiculous projects. stop all stimulus funds that do not help create...
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Dec 2, 2012
12/12
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instead of working with congress face to face to save the economy. president obama is trying to gets had way by doing what he does best. campaigning and making speeches about the fiscal cliff. the president never presented a plan until this week . the reception on capitol hill was to say the least chilly. senator mcconle laughed at the proposal when presented to him. joining me is allen west. colonel thank you for being here. [ applause ] what wasyour reaction when you finally saw what the president put on the table? >> i was in complete shock. it has nothing to do with reality. if you look at the president's propose to raise taxs and 50 billion more in stimulus spending and want to extend 99 weekings of unemployment benefits which is it a 30 billion a year . the other thing that troubling is that the president wants his own control of raising the debt ceiling . so i don't think we have a president that is serious about getting the debt under control and deficit and government spending under control especially when you understand that we have ha and
instead of working with congress face to face to save the economy. president obama is trying to gets had way by doing what he does best. campaigning and making speeches about the fiscal cliff. the president never presented a plan until this week . the reception on capitol hill was to say the least chilly. senator mcconle laughed at the proposal when presented to him. joining me is allen west. colonel thank you for being here. [ applause ] what wasyour reaction when you finally saw what the...
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we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a whole lot of leverage? >> good point. we're always concerned by diversion to other ports. we're concerned about diversion to prince rupert where the u.s. gets no money out of movement of goods coming to the united states. but still the southern california area is suuh a large consuming area it will always have a decent percentage of cargo coming through here but the incremental cargo is significant. if you divert 10% of the cargo away from los angeles it would be significant in the loss of jobs in southern california alone
we're in a down economy. you've got thousands and thousands of people dependinggon you to work this out. let's get back to work, guys. let's make this economy grow. melissa: is there something else that could be done in the long run? people that are shipping through this port get burned is there another option? because some of them made the argument, 40% of the cargo in this country moves through this port. no matter what people shift through this lane giving the people that are on strike a...
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Dec 1, 2012
12/12
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if you think about -- remember the economy. >> i've heard of the economy, yes. >> the unemployment rate is still way too elevated. 7.9%. gdp got a pop but most of us agree it is growing well too slowly. this is our biggest near term problem. our biggest near term problem is not the budget deficit. that is a long-term problem, a serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a lot to workers, their paychecks, job availability. i'm very happy to see that was in there. >> when you look at the white house's proposal, what do you think they think they can actually get? >> i think they think they can get the increase in the top rates. that's the biggest kind of thing to finally break the mold on that, to really push back against the kind of grover norquist ian asymmetry. i think they can get that. i'm not sure we end up at 396 for the top rate, but i think they will get that. i think probably by giving some on the entitlements as is in their opening bid, they will be able to get back to
if you think about -- remember the economy. >> i've heard of the economy, yes. >> the unemployment rate is still way too elevated. 7.9%. gdp got a pop but most of us agree it is growing well too slowly. this is our biggest near term problem. our biggest near term problem is not the budget deficit. that is a long-term problem, a serious problems, we have a chance to do something about it. . if we can at the same time, help the 2013 economy by giving it a bit of a boost, that means a...
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Nov 29, 2012
11/12
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then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most popular books in the country right now, 2 million copies. the reverend has sold 16 times the number of books of bill o'reiily, which clearly tells me bill o'reilly is going to hell. "killing kennedy", half a million copies. he is way behind you. all in good fun. pastor, very good to have you. >> thanks, neil. good to be back with you. ironic i'm in new york city and you're in l.a. today so. neil: i know. my loss but our viewers gain just the same. pastor, what do you think, and is it important that a deal is reached by the end of the year? you often remind, you know parishi
then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most...
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Dec 2, 2012
12/12
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you can't have a great economy when wealth is at the high end. you need a strong, broad based economy. >> the debt ceiling leverage. we have seen it used before. here he is talking to mike allen about how he sees the strategy of this playing out. >> this president is not going to extend. he loses his leverage that way. >> republicans have other leverage. they can give him debt ceiling increases once a month, have them on a rather short leash, here's your allowance, come back if you have behaved. >> wait. you are proposing the debt ceiling be increased -- >> monthly. monthly if he's good. weekly, if he's not. >> it's no -- note that in the opening offer, getting rid of essentially this debt ceiling procedure was part of that. i think probably because of precisely that. i want to bring in bruce bartlett. he's an analyst from the reagan and bush administration. bruce, you were there at the beginning of the supply side revolution, the tax revolt. i guess, what is your sense of how it's evolved and what the poll -- how the politics have changed over t
you can't have a great economy when wealth is at the high end. you need a strong, broad based economy. >> the debt ceiling leverage. we have seen it used before. here he is talking to mike allen about how he sees the strategy of this playing out. >> this president is not going to extend. he loses his leverage that way. >> republicans have other leverage. they can give him debt ceiling increases once a month, have them on a rather short leash, here's your allowance, come back...
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Nov 29, 2012
11/12
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. >> reporter: the latest abc news/"washington post" poll shows the public is with the president on this debate. on this debate. 60% support raising taxes on incomes higher than $250,000. >> it's going to affect their standard of living very little, if at all, and -- the rest of us are being asked to pay for a party that we weren't invited to. >> congress doesn't do anything, then -- i have a feeling that it's really going to be devastating for next year. >> reporter: on other proposals, the poll shows the public is mixed when it comes to increasing revenue by eliminating the mortgage income tax deduction. but they decidedly do not want to see the medicare eligibility age go up from 65 to 67. >> it bothers me when they say it's an entitlement, when we actually paid all these years when we were working. >> i think it's very difficult for people to reach a compromise, which is unfortunate, because the nation is what suffers. >> repo
. >> you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. >> reporter: the latest abc news/"washington post" poll shows the public is with the president on this debate. on this debate. 60% support raising taxes on incomes higher than $250,000. >> it's going to affect their standard of living very little, if at all, and -- the rest of us are being asked to pay for a party that we...
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just can't seem to get the economy going. lots of efforts and a ton of help from the state of chicken. why can't you get this back on track? >> like every urban area in the country, we are suffering in the foreclosure. we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order. in order to grow our economy. gerri: i have heard that before. we need more time to get our fiscal house in order. wouldn't it make more sense? i know that you are probably playing all kinds of different groups. all kinds of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix this thing and get it done. >> unfortunately, they can't unilaterally change them. so the financial emergency manager coming into detroit, setting us back a y
just can't seem to get the economy going. lots of efforts and a ton of help from the state of chicken. why can't you get this back on track? >> like every urban area in the country, we are suffering in the foreclosure. we live and die by property taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in detroit. it is starting to pick up in michigan. we just need a little bit more time in order to get our financial house in order....
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this impacts the economy. it is creating havoc with our economy and state. if they do not get it resolved, not only do we not have growth money which we are anticipating right now in utah, we could take as much of a $500 million loss in revenue streams because of not getting revenue. we are also saying that states are willing to do our part. we understand this will be a shared sacrifice asked you have to look at spending cuts. states are willing to do more with less. we are asking for more flexibility. it has been a common theme. take away some of the strings and we can do more with less. >> what exactly did you say to the president? >> well, and our case, we are here, not just as individual governors, really, our focus today was not to endorse a specific land, nor to dismiss a specific plan. we think it is important that we have a seat at this table and have points in it. concerns about the economy, concerns about the finances. really offering suggestions that we will follow up on as an organization. ways that we continue to highlight what is good for our s
this impacts the economy. it is creating havoc with our economy and state. if they do not get it resolved, not only do we not have growth money which we are anticipating right now in utah, we could take as much of a $500 million loss in revenue streams because of not getting revenue. we are also saying that states are willing to do our part. we understand this will be a shared sacrifice asked you have to look at spending cuts. states are willing to do more with less. we are asking for more...
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first port workers striking in los angeles and long beach california for 7 days in a row, costing the economy a billion bucks a day, some cool gadgets have you been wanting for christmas they may not make it off of the ships in time. on whether the unions might be going overboard. what is going on here? and what do you see happening? >> i don't know what is going on with unions over the hidays, but i tell you after thanksgiving, and bakers union killed the twinkie. and snarled traffic at lax the day before thanksgiving, now uscw on walrt, now, that was thanksgiving, now this christmas you have the longshoremen's union, tclerical workers going on strike, and shuts down two of the busiestports in the cntry. neil: there are many beefs they ve. but to bring people up to speed, is that among their beefs is this issue of replacing worker loss go terp nate or -- terminate or retired. that is common practice where your colleague goes you pick up their work as you know. for example i am doing work of 17 anchors mysel but in all -- >> you aays do a fantastic job. neil: i like to tell my that but it has
first port workers striking in los angeles and long beach california for 7 days in a row, costing the economy a billion bucks a day, some cool gadgets have you been wanting for christmas they may not make it off of the ships in time. on whether the unions might be going overboard. what is going on here? and what do you see happening? >> i don't know what is going on with unions over the hidays, but i tell you after thanksgiving, and bakers union killed the twinkie. and snarled traffic at...
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rowe price, we unrstand the connections of a colex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefull before investing. stuart: ed asner does not seem party -- sorry about a cartoon he voiced for the california teachers' union showing a rich guy urinating on poor people. producer sean hannity asked about it. >> you remember the video? >> they agreed to do it. i approve this message. >> the most controversial, talk about things trickling down like ridge people peeing on poor people. >> should be reversed. >> you don't remember -- >> you have any money? stuart: isn't that cute? charles have a reaction to ed asner. charles: should had the initiative and with tommy chong in the last bit. he was really slurring his words. he is one of these guys who is proud of his handiwork i don't care what it is and he proved it. it is pretty despicable. st
rowe price, we unrstand the connections of a colex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefull before investing. stuart: ed asner does not seem party -- sorry about a cartoon he voiced for the california teachers' union showing a rich guy urinating on poor people. producer...
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. >> deal or no deal, i don't think it matters this is just a dog and pony show, the economy is in trouble. lou: thank you very much. appreciate it. on that happy note. >> thank you, lou. lou: what the bleep just happened. thank you. for us that is it good night from new york. neil: influential tea partier jim demint is leaving senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know it is dead. i am neil cavuto, allow me to be so blunt to say, what else can you say about a light taken out of the party, republicans who 1 proudly school their tax drowned over decades, seeding that and then some over weeks, only real debate among the grand old party is how much to hike taxes, not if. i did not know they lost their backbone. starting 800 billion in tax hikes to match the president, shouldn't surprise anyone whether we doubled that to $1.6 trillion, that will become the new starts point for the president. new york times and front page story praising john boehner's grip to the party here, appears
. >> deal or no deal, i don't think it matters this is just a dog and pony show, the economy is in trouble. lou: thank you very much. appreciate it. on that happy note. >> thank you, lou. lou: what the bleep just happened. thank you. for us that is it good night from new york. neil: influential tea partier jim demint is leaving senate captain, and john boehner removing tea party party from all leadership posts first indicated it. stick a fork in him, the republican party as we know...
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the economy has not been doing well. we cannot do this on our own. gerri: you couldn't really -- you couldn't pay off another loan. >> i don't need another loan. is done as part business decision for me to open up my door's not even knowing it my community is lowwstanding with another low my head. it's not a small business decision that is appropriate to think. gerri: you are not only a small business operator. you have a three year-old. >> of course. mother of sylvia, 3a-year-old. gerri: we're seeing a picture. >> she is called the bagel baby. the customers come and invest about her more than meet. gerri: a family operation. >> of course. mom and my dad and my fiance. we are in there all the time. gerri: there are businesses all over this region who are in the same situation who are facing the same problem. >> oh, of course. this is something widespread. i have spoken to many businesses in the communities that i am friends with our we have reached out to show support for each other. we are all in the same boat. none of us have gotten any help. and i
the economy has not been doing well. we cannot do this on our own. gerri: you couldn't really -- you couldn't pay off another loan. >> i don't need another loan. is done as part business decision for me to open up my door's not even knowing it my community is lowwstanding with another low my head. it's not a small business decision that is appropriate to think. gerri: you are not only a small business operator. you have a three year-old. >> of course. mother of sylvia, 3a-year-old....
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Dec 3, 2012
12/12
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instead of working with congress face-to-face to save the economy, president obama is trying to get his way by doing what he does best, campaigning, and making speeches about the fiscal cliff despite knowing that deadline was looming, the president never presented a plan until this week and the reception on capitol hill was, to say the least, chilly. senator mcconnell even laughed at the proposal when it was presented to him. joining me now, florida congressman allen west. colonel, thanks so much for being here. >> thanks, thanks for having me, dana. [applause]. >> what was your reaction when you finally saw what the president was putting on the table? >> well, i was in complete shock because it really has nothing to do with reality. when you look at the president's proposal to raise 1.6 trillion in new taxes, he wants 50 billion more in stimulus spending, he continues to want to extend the 99 weeks of unemployment benefits which will be another 30 billion per year and also, the other thing that was very troubling was that the president wants his own control of raising the debt ceiling.
instead of working with congress face-to-face to save the economy, president obama is trying to get his way by doing what he does best, campaigning, and making speeches about the fiscal cliff despite knowing that deadline was looming, the president never presented a plan until this week and the reception on capitol hill was, to say the least, chilly. senator mcconnell even laughed at the proposal when it was presented to him. joining me now, florida congressman allen west. colonel, thanks so...
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. >> the damage it will do to the economy. i don't think the president has a bigger role as he thinks he is. the house will be held by republicans for the foreseeable future, not just two years. midterm elections, six years, sterile for the president. the end of the day he wants a legacy. it's going to be the highest unemployment in history for two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and come to some kind of an agreement. we have been down this road before where republicans of given on the taxes. was in the white house with reagan. they promised dollars in cuts. they didn't give us anything. bush went through the same drill when he broke his tax pledge, busch sr. we have had this history before. basically, tell us what you're going to do. there will be a stimulus by fixing the northeast from the storm. add another 50 billion out there on top of the package. and then the audacity of saying, i'm going to raise the debt ceiling whenever i want to. give
. >> the damage it will do to the economy. i don't think the president has a bigger role as he thinks he is. the house will be held by republicans for the foreseeable future, not just two years. midterm elections, six years, sterile for the president. the end of the day he wants a legacy. it's going to be the highest unemployment in history for two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and come to some kind of an...
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h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >> you heard those most vulnerable. the welfare state is like flypaper. there are shocking figures showing as the income rises to live the american dream, you start to get taxed on one end the government takes away benefits on the other end those who lose a living standard with $10,000 more in salaries. >> they play more in taxes and lose government benefits. >> earned income credit, of welfare benefits, medicaid, food stamps, housing assistance, you're on a treadmill. you are running harder and it goes backwards. think of the mmssage that since. they think i will not work as hard or get disability. john: in pennsylvania with $29,000 of income you are better to stay there than earning 55,000. >> i hope that is the exception. don't earn more because you lose the safety net. maybe that did not have disincentive we would not h
h&r block loves it but it is a news around the neck of the american economy. every page has something in it that sounds good but look what it adds up to 27 spending. the welfare state. people say take care of people. unintended consequence? >> you heard those most vulnerable. the welfare state is like flypaper. there are shocking figures showing as the income rises to live the american dream, you start to get taxed on one end the government takes away benefits on the other end those...
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he's argued this based on economis economists. it's not nonsense, an illness. >> first of all, going back to my core argument, the idea if you're grg toç take $89 billioa year and reduce the deficit, it's laughable in its face. the president is calling for more spending with his new stimulus. number two. point number two, the democrats have shown nothing by way of spending cuts. julian talks about there's $1.6 trillion. only in washington, d.c. can you say we're winding down the war but we're going to count that as savings. baseline spending doesn't make any sense. the president of the united states -- >> if we -- >> julian, hang on one second. the president of the united states should call the congressional leadership up to camp david, go up there and they should get in a room and they should sit there until they hammer out a deal. >> i agree with that. >> julian, go ahead. >> there are three big points the viewers need to understand and they need to take note that ron did not respond to. first, on the economists. the economist
he's argued this based on economis economists. it's not nonsense, an illness. >> first of all, going back to my core argument, the idea if you're grg toç take $89 billioa year and reduce the deficit, it's laughable in its face. the president is calling for more spending with his new stimulus. number two. point number two, the democrats have shown nothing by way of spending cuts. julian talks about there's $1.6 trillion. only in washington, d.c. can you say we're winding down the war but...
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chars: the economy is scary, but this is even scarier. not the zombies, but the government spending taxpayer government spending taxpayer money on 5-hbut some people wondered oveabout caeine.imes. the executive director of the center for science in the public interest said, "overdoing caffeine alone is actually pretty difficult to do. someone would have to make an effort to consume 40 or so 200-mg caffeine tablets." or... about this much 5-hour energy... in a single day. we recommend... not more than two per day. yeah, when we first came out with the product... you know, i made sure of one thing. if my family wasn't going to use it... if it wasn't good enough for my family if it wasn't safe for my family... i'm not gonna put it out there. i take it almost every day. and twicwhen i play tennis. this is our criteria that we have to be safe... if we're notilling to do it ourselves... we're not asking anybody else to do it. we're not gonna sell it. so, that's our approach to safety... that is a higher standard you can get. charles: paying for
chars: the economy is scary, but this is even scarier. not the zombies, but the government spending taxpayer government spending taxpayer money on 5-hbut some people wondered oveabout caeine.imes. the executive director of the center for science in the public interest said, "overdoing caffeine alone is actually pretty difficult to do. someone would have to make an effort to consume 40 or so 200-mg caffeine tablets." or... about this much 5-hour energy... in a single day. we...
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but remember that the resolution is bearish for the economy. we will be cutting back on government spending, and we will be taxing more. that is bearish for the economy at the margin. david: all right. let's hope they do come to some kind of resolution. good to see you, gentlemen. liz: that was a great discussion, guys, thank you. david: well, the debt battle is waging on in d.c. even with most of the house out of town right now. they're gone until next tuesday. we're going to be heading to d.c. for the very latest. liz: choice hotels, known for comfort inns and quality inns is expanding their brand right here in america. why now? we'll ask ceo and president steve joyce about that and moving up the dividend payout to before the end of the year. david: but, first, on fox business the ceo of tmx group, this is the parent of the toronto stock exchange. you've heard about how the banks in the canada avoided a lot of the subprime mess that our banks got into it. well, the banks getting involved directly in the stock market. tom is going to tell us h
but remember that the resolution is bearish for the economy. we will be cutting back on government spending, and we will be taxing more. that is bearish for the economy at the margin. david: all right. let's hope they do come to some kind of resolution. good to see you, gentlemen. liz: that was a great discussion, guys, thank you. david: well, the debt battle is waging on in d.c. even with most of the house out of town right now. they're gone until next tuesday. we're going to be heading to...
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Nov 29, 2012
11/12
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economy expanded at an annual rate of 2.7%. and that's better than the original 2% even that was reported a couple of weeks ago and last week, there were 393,000 new claims for jobless benefits and down from the previous week, but you're still very close to the 400,000 per week mark and that's a sign of weakness, albeit, come of that clearly from the storm, that's still not a healthy vigorous rebound, is it? trading has begun this thursday morning. we're expecting the dow to go up 50, 60 points and that's in part because of the fiscal cliff debate and looks like the president won taxes now, promises of entitlement reform later and don't care about the debt. the market kind of likes that, because the money keeps flowing. in the first part of business, we're flat, i thought more than that, we're up 2, 10 points and going up from here, at least in the early going. now, we've got another big name that you know #, trying to help shareholders avoid higher taxes next year, it's disney and increased the cash dividend by 25% and paying
economy expanded at an annual rate of 2.7%. and that's better than the original 2% even that was reported a couple of weeks ago and last week, there were 393,000 new claims for jobless benefits and down from the previous week, but you're still very close to the 400,000 per week mark and that's a sign of weakness, albeit, come of that clearly from the storm, that's still not a healthy vigorous rebound, is it? trading has begun this thursday morning. we're expecting the dow to go up 50, 60 points...
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Nov 30, 2012
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>> the president has to preside over the economy. from a political point of view, the president has a big microphone, he is better at the pr. >> do you agree? >> hwill be blamed somewhat. a pretty big majority would blame republicans, which is why i think we're seeing some republican movement to accept just rates, they do not want to go off the fiscal cliff, they think they will be blamed. neil: do you get t feeling that i do, this is kabuki theater, and president with his overtured on rate level, and what they would be, now talking about some spending as part of the deal, that was all factored in. he has just been doing it in stages, we'll get a deal. do you think that is going to happen? >> i think it is a responsible approach. we have to get a dial. this is not a democrat issue or a republican issue, this is an american issue, we know we have to cut spending and we know there has to be some solution. at the end of the day we have on grow the economy. only way out of this thing. >> i think we'll get a deal, i'm not convinced to be
>> the president has to preside over the economy. from a political point of view, the president has a big microphone, he is better at the pr. >> do you agree? >> hwill be blamed somewhat. a pretty big majority would blame republicans, which is why i think we're seeing some republican movement to accept just rates, they do not want to go off the fiscal cliff, they think they will be blamed. neil: do you get t feeling that i do, this is kabuki theater, and president with his...
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Dec 2, 2012
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security and economy are numbers one and two. he mentioned a crime prevention program as well as a number of different hand outs to populations that are in need . he's got a lot on his plate tomorrow as sure. >> you have been there several days and today whampt is your impression of people there and their hopefulness? li would say that many peopline those who did not vote for him and that was 62 percent of the voters did not vote for him. they wish mexico well and they wish nieto well. mexicans want to see the country move forward and advance and i think everyone is pulling for him. 62 percent of the mexicans did not vote for the president? >> he won with 38 percent of the vote in a field of four candidates and three were the strongest. there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's n
security and economy are numbers one and two. he mentioned a crime prevention program as well as a number of different hand outs to populations that are in need . he's got a lot on his plate tomorrow as sure. >> you have been there several days and today whampt is your impression of people there and their hopefulness? li would say that many peopline those who did not vote for him and that was 62 percent of the voters did not vote for him. they wish mexico well and they wish nieto well....
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you want to flirt with putting the economy into recession? have at it. >> that is essentially what the white house is up to right now. they said, in an era where americansment compromise, the president not compromising, this is what i want, and for that political agenda, i'm willing to go over the cliff. the secretary of treasury, the highest economic officer in the land said, oh, yeah, we're prepared to go over the cliff. that's telling the american people we don't care about the recession, unemployment that creates, we have an agenda, and that's more important. gerri: the k0*s of that could be the lost of 700,000 jobs, up to 2 million jobs, a recession, everybody predicts that. i want to talk to you, though, about the debt limit. we talked about that for a few minutes. an economist at moody's advising the president over a number of years had this to say about getting rid of the debt ceiling limit. we need to get rid of the ceiling law, it's a problem. what do you say to that? >> it's from a hundred years ago, and it was put there for a reas
you want to flirt with putting the economy into recession? have at it. >> that is essentially what the white house is up to right now. they said, in an era where americansment compromise, the president not compromising, this is what i want, and for that political agenda, i'm willing to go over the cliff. the secretary of treasury, the highest economic officer in the land said, oh, yeah, we're prepared to go over the cliff. that's telling the american people we don't care about the...
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it is part of what we need to succeed in this global economy. and i'm going to fig for every young person is willing to work hard to get an education. gerri: should everyone have a college degree? >> if i was the president, i think you might has well said let me be clear. every student should start with 30,000 dollars of debt and maybe a bankruptcy. it's absolutely asinine. the current system we have in place is nothing short of immoral. we are putting students that it is economically imperative for them to get an education, but then we are putting them in that situation a situation was. not only are there no jobs, starting with 30,000 dollars of debt is not a way to start your life gerri: let's get marked in him. i'm going to give you more time. we would like to get more time. mark, is it asinine to these kids start their lives with so much debt and give it to everybody? >> well, college benefits -- the students who have college degrees earn 70 to 80% modents e degrees earn 70 to 80% more. the federal government gets twice as much federal incom
it is part of what we need to succeed in this global economy. and i'm going to fig for every young person is willing to work hard to get an education. gerri: should everyone have a college degree? >> if i was the president, i think you might has well said let me be clear. every student should start with 30,000 dollars of debt and maybe a bankruptcy. it's absolutely asinine. the current system we have in place is nothing short of immoral. we are putting students that it is economically...
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Dec 3, 2012
12/12
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. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national me
. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes...
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Dec 3, 2012
12/12
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we end up with more debt and a weaker economy. the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound
we end up with more debt and a weaker economy. the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition...
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Dec 1, 2012
12/12
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. a cup of johan is a 600 horsepower sports coupe that likes to hug curves. ♪ your curves. smooth, rich, never bitter, gevalia.
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. a cup of johan is a 600 horsepower sports coupe that likes to hug curves. ♪ your curves. smooth, rich, never bitter, gevalia.
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Dec 1, 2012
12/12
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and the president have held us in abeyance for a year and a half on this issue which has stall the economy, people -- while they sit and lay their game and their vacation everything else, they've stalled the impact. >> the idea of all of the bush tax cuts going away, is a serious thing. here again, the president could win, having them all go over, that's an extraordinarily serious event.ss whether republicans take this offer from yesterday, whether they take it personally or they just say well -- >> greta: you think it is posturing to make it a game? >> i think the first offer from the democrats should have been a couple weeks ago. the first offer had to be really bad, the democrats just won an election, their interest groups everyone that fought and bled for that election feels like they did well they can't give something that negotiates away a lot of what they want going to ask for something unrealistic and hoping to get something back. the first offer has to be rejected out of hand. >> greta: i think it is insulting. >> i think the republicans expected something bad, i just don't think
and the president have held us in abeyance for a year and a half on this issue which has stall the economy, people -- while they sit and lay their game and their vacation everything else, they've stalled the impact. >> the idea of all of the bush tax cuts going away, is a serious thing. here again, the president could win, having them all go over, that's an extraordinarily serious event.ss whether republicans take this offer from yesterday, whether they take it personally or they just say...
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Nov 29, 2012
11/12
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FBC
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lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easg concerns, hearts are worried about what the republicans are going to be able to do. by te way, i want to make it very clear. a personho supports entirely the idea of low taxes and maintaining that posture and certainly ing so energetically if there is no quid pro quo, significant order in spending. but what in the world by these folks to do on capitol hill? >> here is my argument. the first thing the republicans need to do is insist that the negotiations be in front of c-span so that the american people can see what obama is and is not doing until that happens, obaa can keep misrepresenting what is going on. second, they need to say %-to be on line for even dayseds said that the american people can read it. we have those two things, the chances of being completely jammed is a greatly educed, not down to zero, but let's get c-span cameras there. lou: i think your condition w
lou: he did gain control of let's sixth of the economy with the obamacare committed to? i mean, he did pass some subset of regulation of our financial industry in this country. you're not exactly easg concerns, hearts are worried about what the republicans are going to be able to do. by te way, i want to make it very clear. a personho supports entirely the idea of low taxes and maintaining that posture and certainly ing so energetically if there is no quid pro quo, significant order in...
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Dec 3, 2012
12/12
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but now, investors are scared a plunge over the cliff could send the economy falling back into recession. those worries sent stocks falling. the s & p down two straight weeks after the election, even though it has made up four of the 5.3% loss, whenever there was a glimmer of a hope of a deal, headed up. and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your investments ahead, but not so much because of big numbers out this week, among them, an important reading on manufacturing tomorrow, and then, what is often the biggest market mover of any month, the jobs report. november's release before the bell on friday. the cliff will likely overshadow even that. and with tax increases looming on capital gains and dividends, investors may start selling before the end of the year to get the better deal if there is no deal. that means, december may not live up to its history of heading higher and leave many questions about what the new year will mean for your bottom line. ha
but now, investors are scared a plunge over the cliff could send the economy falling back into recession. those worries sent stocks falling. the s & p down two straight weeks after the election, even though it has made up four of the 5.3% loss, whenever there was a glimmer of a hope of a deal, headed up. and the fallout from the fiscal cliff could put even more pressure on unemployed americans, or those just trying to keep up with house payments. except more ups and downs for your...
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and a real problem in the economy,nhich case, barac obama will not escape the historic reputation of the democrats' herbert hoover. neil no president inves a recession on his watch, assuming that is what happens if you get to this cliff. that is what happens. so, he must know, thehite house must know, the predent must know that is a very big gamble. >> it is. he realizes he is move immediately to restore tax cuts to 98%, secondly, he is not withou pressure. he has his you mentioned them the black caucus, unions, liberals areesaying, look we didn't win this elect too gut the programs medicare, and medicaid and social security, obamacare. >> you are right. there is zero appetite for that. but here is what worries me. i hope i am misreading polls and numbers, a lot saying go after the rich. very little appetite for addressing spending. i wonder whether the country is shifted to -- yeah we like government, the more the better, shut up. >> you areargely correct. the point is, weave 48 or 49% of country getting direct benefits from government, and8 or 49% paying no tes. think of the republ
and a real problem in the economy,nhich case, barac obama will not escape the historic reputation of the democrats' herbert hoover. neil no president inves a recession on his watch, assuming that is what happens if you get to this cliff. that is what happens. so, he must know, thehite house must know, the predent must know that is a very big gamble. >> it is. he realizes he is move immediately to restore tax cuts to 98%, secondly, he is not withou pressure. he has his you mentioned them...
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Dec 5, 2012
12/12
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. >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue. >> in order for us to raise the amount of revenue that's needed just by closing deductions and loopholes for high earners we'd have to, for example, eliminate or severely cap the char itible deduction. >> an obsession to raise taxes not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on the wasteful spending in washington. >> and meantime, "the new york times" jonathan wiseman reports behind the scene republican leaders are considering the president's plan to extend middle class tax cuts now an address the debt and spending in the new year. here's republican senator tom coburn on "morning joe." >> actually, i would rather see the rates go up than the other way and greater chance to broaden the base in the future. >> do something, a down payment on cuts, on investments and revenue this year. and then in the next year take the time to g
. >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue. >> in order for us to raise the amount of revenue that's needed just by closing deductions and loopholes for high earners we'd have to, for example, eliminate or severely cap the char itible deduction. >> an obsession to raise taxes not going to solve the problem. what will solve the problem is doing...
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Dec 5, 2012
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the next day he wants to tax people and take money out of the economy. he has to make up his mine. all of a sudden, all of this uncertainty is hurting our business. >>eric: thank you. the stalemate in washington, dc, continues, and now both sides admit nothing is getting done. >> what most of the viewers watching this show right now believe is that all of us are involved in some kind of negotiation. that is not true. we --. >> there is nothing going on? >> nothing. >> we asked the president, sit down with us and be serious about the specifics of the spending so we can stop the wasteful spending in washington and address the problem. >> charlie is a democrat congressman from the state of new york, charles rangel, thank you for joining us, congressman. what gives? what gives? tell us about fiscal cliff. are you worried about the fiscal cliff? >>guest: you bet your life. people in my district are, small business people if my district are concerned about it. people have to plan not just for the bill of today but the bills and the tax responsibilities they ar
the next day he wants to tax people and take money out of the economy. he has to make up his mine. all of a sudden, all of this uncertainty is hurting our business. >>eric: thank you. the stalemate in washington, dc, continues, and now both sides admit nothing is getting done. >> what most of the viewers watching this show right now believe is that all of us are involved in some kind of negotiation. that is not true. we --. >> there is nothing going on? >> nothing....
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Dec 1, 2012
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>> this is the new economy. factory jobs weren't good jobs either. the reason they became the middle class jobs we know because people organized. >> what's the next move? >> it's a movement. they are not giving up. . they are going to keep working and i spoke to johnathan weston and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprize sal. >> so the next phase is what? >> i'm hoping for more strikes, ed. >> you're hopining for more strikes? >> yeah. >> did the 98% have anything to do with this? >> it crystallized something already going on in this country that people knew about where the wealth was going. they knew we have seen it go to the people at the top and the people at the bottom were getting squeezed. productivity has gone up, they are working harder and longer. >> there's been no organized union that has gone in and led
>> this is the new economy. factory jobs weren't good jobs either. the reason they became the middle class jobs we know because people organized. >> what's the next move? >> it's a movement. they are not giving up. . they are going to keep working and i spoke to johnathan weston and they are hoping that more workers got energized by seeing this happen and by seeing everybody go back in today and not face reprize sal. >> so the next phase is what? >> i'm hoping for...
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the fiscal cliff potentially sending the economy into recession. the fear of the cliff. is that putting a veil over your eyes and pretending you seeing good news that could make better trades for your portfolio? you need to see the forest for the trees. to help do that, liz saunders in a fox business exclusive, charles schwab's vice president and chief investment strategist. what is the biggest mistake that the investor is making right now as it pertains to navigating that very rocky fiscal cliff landscape? >> they are trying to trade around perceived outcomes. that is fairly treacherous. we don't get a sense that a lot of investors are doing that -- [talking over each other] liz: there were buying in on the dips because they are trading around he headlines. >> there's a lot of tax related strategy happening right now, many of which make a lot of sense, but i have asked the question of loss, what would you put money on a particular outcome? i wouldn't. that is a dangerous strategy. >> one scenario could be as damaging as another. we can gain that at this point, what shou
the fiscal cliff potentially sending the economy into recession. the fear of the cliff. is that putting a veil over your eyes and pretending you seeing good news that could make better trades for your portfolio? you need to see the forest for the trees. to help do that, liz saunders in a fox business exclusive, charles schwab's vice president and chief investment strategist. what is the biggest mistake that the investor is making right now as it pertains to navigating that very rocky fiscal...
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Dec 7, 2012
12/12
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CNNW
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the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers. what is the dow doing? >> we are not seeing the wind go in a strong direction towards the positive direction. you are seeing a mixed bag with stocks now. that's because, you know, despite the huge shocker of this report that was a surprise to the upside, investors see it is they are going to be cautious about this because the reality is you look at that jobs report and a lot of those jobs that were added were seasonal ones. retail, travel and leisure. guess what. the real question here is how many of those jobs are going to go away putt
the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers....
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Nov 30, 2012
11/12
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again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have this income, unemployment insurance which keeps them in the economy, a functioning part of the economy, so they can spend the money. so the economic policy institute went ahead and extrapolated. if you were to keep this $30 billion cost of extended unemployment insurance, actually, that will pump another $15 billion to $18 billion into the economy because these folks are spending money. and that's what fuels our economy. >> some of the people who argue that we should go off the fiscal cliff, that it will push them to negotiate a sort of more thoughtful deal
again, the economy is doing a little better. the unemployment numbers have been a little better, but what's the impact? >> 2 million people -- >> 2 million would lose. >> -- would lose income. here's the thing. there's a lot of talk of these people are looking or not looking for jobs, they're just taking this check. that's not the case. there's only one job for every three folks looking for a job. so there literally is not a job available for two of those people. so they have...
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Nov 29, 2012
11/12
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and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are nolts the way to get things done here in washington. majority leader and i just had a meeting with the treasury secretary. it was frank and it was direct. i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president really is willing to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday our leadership t
and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on...
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Nov 29, 2012
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this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he
this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i...
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Dec 4, 2012
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this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's important we have a seat at the table. >> joining us now is two governors that attended that meeting, chairman of the national governors association jack merkel as well as oklahoma's republican governor the group's vice chair. thaw for joining us. governor fallon, i'll start off with you. we heard scott walker in there. why not take a side here? >> well, we have 50 different states. we have governors that have different political philosophies. what we're trying to find is common ground, some collaboration between the national governo
this exacts the economy. the uncertainty is creating havoc with our economy and our states. >> well, the bipartisan delegation of governors wrapped up their meetings at the white house a few hourgz ago a. they plan to meet with republican leaders this afternoon and have made one thing clear. they're not taking sides in this one. >> our focus today was not to endorse a specific plan nor to dismiss a specific plan but rather to point out as gary mentioned as governors we think it's...